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roll over your old 401(k) into a fidelity ira and take control of your personal economy. this is going to be helpful. call or come in today. fidelity investments. turn here. what starts with adding a friend... ♪ ...could end with adding a close friend. the lexus december to remember sales event is on. this is the pursuit of perfection. [ female announcer ] nature valley granola bars, rich dark chocolate, toasted oats. perfect combinations of nature's delicious ingredients, from nature valley. ♪ nature valley granola bars, nature at its most delicious. anyone have occasional constipation, diarrhea, gas, bloating? yeah. one phillips' colon health probiotic cap each day helps defend against these digestive issues with three strains of good bacteria. approved! [ female announcer ] live the regular life. phillips'. hurry in and try five succulent entrees, like our tender snow crab paired with savory garlic shrimp. just $12.99. come into red lobster and sea food differently. and introducing 7 lunch choices for just $7.99. sfx- "sounds of african drum and flute" look who's b
roll over your old 401(k) into a fidelity ira and take control of your personal economy. this is going to be helpful. call or come in today. fidelity investments. turn here. what starts with adding a friend... ♪ ...could end with adding a close friend. the lexus december to remember sales event is on. this is the pursuit of perfection. [ female announcer ] nature valley granola bars, rich dark chocolate, toasted oats. perfect combinations of nature's delicious ingredients, from nature valley....
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Nov 29, 2012
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i think he ran the campaign on a very narrow basis, by deflecting everything back to the economy. that's what he did in the primary and that's what he said he was going to do from the beginning. he just executed a plan that didn't work. the very people criticizing him were the people supporting him saying he was going to win. >> we just talked to senator john cornyn, he said he's pessimistic that they will get a deal. but tom cole urged republicans to take the obama deal right now. here is the clip quickly. >> my view, we all agree that we're not going to raise taxes on people that make less than $250,000, we should take them out of this discussion right now, and continue to fight against any rate increases and continue to work honestly for a better deal. >> that's what the president wants, extend them for everyone under $250,000. i'm curious what you think. do you think that someone like cornyn, someone like boehner is the right leader for the party, or someone more like what cole is saying? >> there is a strategy to putting together a deal and that goes for, in washington, d.c.
i think he ran the campaign on a very narrow basis, by deflecting everything back to the economy. that's what he did in the primary and that's what he said he was going to do from the beginning. he just executed a plan that didn't work. the very people criticizing him were the people supporting him saying he was going to win. >> we just talked to senator john cornyn, he said he's pessimistic that they will get a deal. but tom cole urged republicans to take the obama deal right now. here...
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Nov 25, 2012
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so this claim that has nothing to do with the economy is just wrong. i'm not going after anybody's religion. that's not it. just the earth is not six or 10,000 years old. that's not. and furthermore, we rely on this -- on these discoveries for our everyday life, especially here in the developed world. >> bill nye's opinion there. >>> one trucker is lucky to be alive. take a look. that truck is dangling over a highway overpass. we will tell you what happened. wow. that's true. ...but you still have to go to the gym. ♪ the one and only, cheerios (announcer) when subaru owners look in the mirror, ...but you still have to go to the gym. they see more than themselves. so we celebrate our year-end with the "share the love" event. get a great deal on a new subaru and 250 dollars goes to your choice of five charities. by the end of this, our fifth year, our total can reach almost 25 million dollars. it's a nice reflection on us all. now through january 2nd. that's right. so it's like i won. sure. oh my gosh i won!!! i won!!! [ male announcer ] get a $100 wal
so this claim that has nothing to do with the economy is just wrong. i'm not going after anybody's religion. that's not it. just the earth is not six or 10,000 years old. that's not. and furthermore, we rely on this -- on these discoveries for our everyday life, especially here in the developed world. >> bill nye's opinion there. >>> one trucker is lucky to be alive. take a look. that truck is dangling over a highway overpass. we will tell you what happened. wow. that's true....
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Nov 28, 2012
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and if we get this wrong, the economy is going to go south. it's going to be much more difficult for us to balance our budgets and deal with our deficits because if the economy's not strong, that means more money's going out and things like unemployment insurance and less money is coming in in terms of tax receipts and it just actually makes our deficit worse. so we really need to get this right. i can only do it with the help of the american people. so tweet -- what was that again? my2k or e-mail, post it on a member of congress' facebook wall. do what it takes to communicate a sense of urgency. we don't have a lot of time. we have a few weeks to get this done. we could get it done tomorrow. now, optimistically i don't think we're going to get it done tomorrow. but i tell you, if everybody here goes out of their way to make their voices heard and spread the word to your friends and family and co-workers and neighbs, i am confident that we will get it done and we will put america on the right track, not just for next year but for many years to
and if we get this wrong, the economy is going to go south. it's going to be much more difficult for us to balance our budgets and deal with our deficits because if the economy's not strong, that means more money's going out and things like unemployment insurance and less money is coming in in terms of tax receipts and it just actually makes our deficit worse. so we really need to get this right. i can only do it with the help of the american people. so tweet -- what was that again? my2k or...
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Nov 28, 2012
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in going over the fiscal cliff it will hurt the economy and hurt job creation in our country. republicans are committed to continuing to work with the president to come to an agreement to avert the so-called fiscal cliff. it's one reason why we believe that we put revenue on the table as long as it's accompanied by serious spending cuts to avert this crisis. we believe that this fits the president's request for a balanced approach to this issue. we're going to continue to work with the president to try to resolve this in a way that is fair for the american people. we all know that we've had this spending crisis coming at us like a freight train. and it has to be dealt with. and in order to try to come to an agreement, republicans are willing to put revenue on the table but it's time for the president and democrats to get serious about the spending problems that our country has. but i'm going optimistic that we can continue to work together to avert this crisis and sooner rather than later. >> good morning. you know, i was heartened to see that last week the president's chief p
in going over the fiscal cliff it will hurt the economy and hurt job creation in our country. republicans are committed to continuing to work with the president to come to an agreement to avert the so-called fiscal cliff. it's one reason why we believe that we put revenue on the table as long as it's accompanied by serious spending cuts to avert this crisis. we believe that this fits the president's request for a balanced approach to this issue. we're going to continue to work with the...
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Nov 26, 2012
11/12
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the economy's weak. remember, two years ago when the democrats controlled all, we were at the same point. >> if you raise rates from 35% to 39.6%, which is what it was during the clinton administration, for those famili families earning more than $250,000, the families and small businesses did quite well in the years of clinton administration whether the rate was 39.6. why not go back to that? >> the economy was stronger then. remember, two years ago when the democrats controlled all? what did the president say? president obama who had nancy pelosi as speaker and reid said don't raise the rates in a down economy. the president says, now, too, looking for that revenue. >> the economy is a little stronger than two years ago. >> i don't know if you've been out there. >> take a look today -- >> a lot of people underemployed, unemployed. half of college students coming out can't find a job. we're at the lowest point of new start-ups in 17 years and the greatest growth to economy and looking to the future, we
the economy's weak. remember, two years ago when the democrats controlled all, we were at the same point. >> if you raise rates from 35% to 39.6%, which is what it was during the clinton administration, for those famili families earning more than $250,000, the families and small businesses did quite well in the years of clinton administration whether the rate was 39.6. why not go back to that? >> the economy was stronger then. remember, two years ago when the democrats controlled...
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Nov 29, 2012
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that kind of agreement would be good for our businesses, good for our economy. it would be good for our children's future. i believe both parties can agree on a framework that does that in the coming weeks. in fact, my hope is to get this done before christmas. >> americans are divided a as to what the solution should be to reach some sort of agreement on the fiscal cliff. look at this abc news/washington post survey that says 60% of americans support raising taxes on the wealthy. 37% oppose it. what about reducing deductions? 44% support it. 49% oppose it. americans, much like lawmakers, want a solution to the problem but clearly divided on how to get there. >> the consensus is there to solve it. the question is how. president obama is meeting with mitt romney today. >> big news. >> do you have any idea what they plan to discuss? >> they are having lunch at the white house this afternoon. the president talked about this after his re-election. he said he wanted to sit down with mitt romney, talk about ways to move the country forward. but the president pointed o
that kind of agreement would be good for our businesses, good for our economy. it would be good for our children's future. i believe both parties can agree on a framework that does that in the coming weeks. in fact, my hope is to get this done before christmas. >> americans are divided a as to what the solution should be to reach some sort of agreement on the fiscal cliff. look at this abc news/washington post survey that says 60% of americans support raising taxes on the wealthy. 37%...
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Nov 28, 2012
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we agree it's about jobs and the economy. that's what the president said after the election that he wanted it to be his goal and his priority. we have a difference of opinion about how to get the economy growing again and expanding again. and obviously we have a big interest in making sure that we address the fundamental problem and driver of federal deficits and debt. and that's reforming these entitlement programs that are on an unsustainable path right now. >> so but remember the president also said when he extended the 35% tax rate for the upper income for those making more than $250,000 a year, he says -- he said then that was the last time he was going to do it. it was a one-shot deal. he wasn't going to do it anymore. and as you know he ran his re-election campaign on the notion he was going to increase the tax rates from 35% to 39.6% for those people making more than $250,000 a year. you think he's likely to blink on that? >> you know, i don't know. i hope he is at least willing to work with republicans. republicans a
we agree it's about jobs and the economy. that's what the president said after the election that he wanted it to be his goal and his priority. we have a difference of opinion about how to get the economy growing again and expanding again. and obviously we have a big interest in making sure that we address the fundamental problem and driver of federal deficits and debt. and that's reforming these entitlement programs that are on an unsustainable path right now. >> so but remember the...
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Nov 21, 2012
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with a turbo-charged ecoboost engines and a hybrid that doubles the fuel economy of the average vehicle. it's an entirely new idea of what a car can be. it's hard to see opportunity in today's challenging environment. unless you have the right perspective. bny mellon wealth management has the vision and experience to look beyond the obvious. we'll uncover opportunities, find hidden risk, and make success a reality. bny mellon wealth management >>> our fifth story "outfront" tonight. both sides blaming the other for the deaths of innocent civilians. here's "outfront." >> we are witnessing a deliberate escalation on the part of israelis to cause as much possible of civilian deaths. >> you really think they're trying for civilian deaths? that seems like a bit of a stretch, doesn't it? >> the majority of the people who are being killed today in the gaza strip are civilians. >> he said that israel is purposely targeting civilians. what do you say? >> no, of course we're not targeting civilians. it's difficult, because the hamas terrorists are deeply embedded within the civilian population. t
with a turbo-charged ecoboost engines and a hybrid that doubles the fuel economy of the average vehicle. it's an entirely new idea of what a car can be. it's hard to see opportunity in today's challenging environment. unless you have the right perspective. bny mellon wealth management has the vision and experience to look beyond the obvious. we'll uncover opportunities, find hidden risk, and make success a reality. bny mellon wealth management >>> our fifth story "outfront"...
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Nov 21, 2012
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may be contributing to an increased sense of caution in financial markets with adverse effects on the economy. continuing to push off difficult policy choices will only prolong and intensify these uncertainties. >> he went on to say, if we do get a plan that solves the government budget issues without hurting the economic recovery, next year could be a good one. that is so many if it. >>> the investigation of the shooting at the sikh temple is concluded. the shooter, michael page, acted alone and did not have help. he had been linked to white supremacist groups, but the fbi found no evidence to conclude he had help or was acting under any directive from them. they also said the attack was not part of any ongoing threat to the sikh community. >>> defense secretary leon panetta talked about how the american fight against al qaeda is changing. he said that, yes, the united states has had a lot of success, but al qaeda has been adapting and trying to find new safe havens and to combat this, panetta says new campaigns will take place outside declared combat zones using a small footprint approach.
may be contributing to an increased sense of caution in financial markets with adverse effects on the economy. continuing to push off difficult policy choices will only prolong and intensify these uncertainties. >> he went on to say, if we do get a plan that solves the government budget issues without hurting the economic recovery, next year could be a good one. that is so many if it. >>> the investigation of the shooting at the sikh temple is concluded. the shooter, michael...
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Nov 24, 2012
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and it is in every way connected to the economy. so you were talking earlier about the branding problem that this political party has. this is something they might want to consider. we all rely on this technology. >> do you think the age of the earth and creationism should be a political issue, or no? >> well, here's my -- this is what i think started this whole thing. back in february. and i'm delighted that you're taking time with me. the -- what makes it political is when you want to use tax dollars intended for science education to teach this obviously wrong idea. nonscientific idea. so that's where everybody gets -- that's where it becomes political. if you recall, the judge in dover, pennsylvania, called it breathtaking inanity. but it means roughly silly. the idea is so preposterous that the guy inhaled strongly. >> it does have a lot of people -- >> it's a deep concern for a country that wants to be a world leader, wants to grow, wants to have jobs and middle class jobs. >> no question about it. thank you very much for weigh
and it is in every way connected to the economy. so you were talking earlier about the branding problem that this political party has. this is something they might want to consider. we all rely on this technology. >> do you think the age of the earth and creationism should be a political issue, or no? >> well, here's my -- this is what i think started this whole thing. back in february. and i'm delighted that you're taking time with me. the -- what makes it political is when you...
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Nov 23, 2012
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billions in the economy. at chevron, if we can't do it right, we won't do it at all. we've got to think long term. we've got to think long term. ♪ five days later, i had a massive heart attack. bayer aspirin was the first thing the emts gave me. now, i'm on a bayer aspirin regimen. [ male announcer ] be sure to talk to your doctor before you begin an aspirin regimen. [ woman ] learn from my story. [ male announcer ] the way it moves. the way it cleans. everything about the oral-b power brush is simply revolutionary. oral-b power brushes oscillate, rotate and even pulsate to gently loosen and break up that sticky plaque with more brush movements than manual brushes and even up to 50% more than leading sonic technology brushes for a superior clean. oral-b power brushes. go to oralb.com for the latest offers. >>> some of the secrets surrounding osama bin laden's burial at sea are being revealed, and sensitive navy e-mails just became public, brian todd has been looking at them. >> of course, we have seen no pictures of him after his death, but we have new details now o
billions in the economy. at chevron, if we can't do it right, we won't do it at all. we've got to think long term. we've got to think long term. ♪ five days later, i had a massive heart attack. bayer aspirin was the first thing the emts gave me. now, i'm on a bayer aspirin regimen. [ male announcer ] be sure to talk to your doctor before you begin an aspirin regimen. [ woman ] learn from my story. [ male announcer ] the way it moves. the way it cleans. everything about the oral-b power brush...
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Nov 29, 2012
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history, iran is likely to continue using techniques honed in the grand bazaar like bartering to keep its economy alive. ivan watson, cnn, istanbul. >>> just about everything in the u.s. military is regimened and tightly controlled. after the david petraeus scandal and other u.s. generals, does the u.s. military need more than just a review of the rules? let's go to our pentagon correspondent barbara starr. what's going on? >> you know, wolf, with so many officers misbehaving these days, in fact it could come to just that. pentagon investigators have zeroed in now on specific potentially inappropriate e-mails general john allen, the commander of the afghanistan war wrote to jill kelley. she's the socialite who gave her e-mails to the fbi, some that turned out to be from cia director david petraeus' mistress. allen, whose nomination to be military chief of nato is on hold, faces uncertainty. no one knows what the investigation will recommend. high profile problems with some of america's most senior military officers now a matter for the white house. this week president obama is to receive an initi
history, iran is likely to continue using techniques honed in the grand bazaar like bartering to keep its economy alive. ivan watson, cnn, istanbul. >>> just about everything in the u.s. military is regimened and tightly controlled. after the david petraeus scandal and other u.s. generals, does the u.s. military need more than just a review of the rules? let's go to our pentagon correspondent barbara starr. what's going on? >> you know, wolf, with so many officers misbehaving...
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Nov 24, 2012
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our economy is becoming more complex. you need a higher level of school especially with respect to the information revolution. i used to be a mechanic. i loved taking carburetors apart. people do not know what a carburetor is these days. you have to be skilled to handle that kind of machine and increasingly, those are the jobs that will be available for american youngsters, not stitching to pieces of cloth is together. >> are we better able to match of the requirements of military and civilian life? if you're a military-licensed truck driver, that license does not transfer to the civilian side of things. >> no, it does not. that is one of the examples of places where an individual has relevant experience that ought to really into licensing to operate in a field. maybe there should be tweaking for that state or locality requirements. we do not do that well right now. many of the skills service members come out with are not leveraged like they could and should be. there are a lot of high-tech information technology skills.
our economy is becoming more complex. you need a higher level of school especially with respect to the information revolution. i used to be a mechanic. i loved taking carburetors apart. people do not know what a carburetor is these days. you have to be skilled to handle that kind of machine and increasingly, those are the jobs that will be available for american youngsters, not stitching to pieces of cloth is together. >> are we better able to match of the requirements of military and...
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Nov 25, 2012
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and we shouldn't be concerned, in a sluggish economy like we have right now, because if you have an economy that's not growing, you won't bring as many workers. if you have a booming economy, you will bring more workers. let the market work. at the end. that's the only way we can fix this problem. in terms of legalization, i don't know exactly how that will be done. but what i'm seeing from my meetings in congress, this will probably be done in a piecemeal basis rather than a comprehensive basis, and at the end i don't know if we will get -- for those who have been here for many years or even for the young, undocumented immigrants who enter with their parents, the so-called dreamers, i don't know if we'll get to a path for citizenship for them. but certainly i think for them we can probably get to an alternative dream act, suggest by senator marco rubio. but in the end it's going to depend on the willingness from republicans but also from the president to actually sit down and negotiate. it's not only republicans. i know we've heard this a lot, that it's always the republicans that don't wa
and we shouldn't be concerned, in a sluggish economy like we have right now, because if you have an economy that's not growing, you won't bring as many workers. if you have a booming economy, you will bring more workers. let the market work. at the end. that's the only way we can fix this problem. in terms of legalization, i don't know exactly how that will be done. but what i'm seeing from my meetings in congress, this will probably be done in a piecemeal basis rather than a comprehensive...
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Nov 26, 2012
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economy. why do we outsource our borrowing and outsource our interest paid? let american citizens land and gather the interest. -- lend and gather the interest. guest: that is an interesting suggestion, trying to focus on long-term financing at low rates of interest to citizens of america. in congress folks an would take a look at it. interest rates are lower than they have been. it hurts savers and help to borrowers. interest rates will not stay low forever because we will get higher interest rates and higher inflation as well. the amount of debt is so great right now that if we did not have the chinese and others buying our debt, interest rates would probably be up considerably because we couldn't sell it anywhere else. that is one of the reasons we have to deal with this problem over not just the longer term, the shorter term as well. host: lauren, burnside, kentucky, democrats like to welcome to "washington journal." caller: yes, i and disabled. when i did work -- i am disabled. when i did work, i was in social work in texas. i wore many hats. i work in s
economy. why do we outsource our borrowing and outsource our interest paid? let american citizens land and gather the interest. -- lend and gather the interest. guest: that is an interesting suggestion, trying to focus on long-term financing at low rates of interest to citizens of america. in congress folks an would take a look at it. interest rates are lower than they have been. it hurts savers and help to borrowers. interest rates will not stay low forever because we will get higher interest...
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Nov 21, 2012
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it's harming our economy in texas. it's, it's concern the federal government has failed, both sides of the aisle have failed on this. so how do we fix it? it was real interesting. when we came out of there, the field ya comes running into -- media comes running into the convention, and, you know, the front page of the dallas morning nudes, gop shifts on immigration. i mean, it was amazing to see that, wow, you know, we're going to come in here and label them this anti-hispanic, you know, anti-anything and it was a totally different route. then some people came to me, and some friends of mine said we've got to take this to the national level. and we went to the national platform in tampa and started talking about it, and we got a national guest worker endorsement on the republican national platform which was great. thought my work was over, and then election day hits, and wednesday my phone starts getting blown up again. you know, it's time to get back in the debate again. we need to start doing more, we immediate to st
it's harming our economy in texas. it's, it's concern the federal government has failed, both sides of the aisle have failed on this. so how do we fix it? it was real interesting. when we came out of there, the field ya comes running into -- media comes running into the convention, and, you know, the front page of the dallas morning nudes, gop shifts on immigration. i mean, it was amazing to see that, wow, you know, we're going to come in here and label them this anti-hispanic, you know,...
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Nov 26, 2012
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this is about growing our economy. how? by allowing to have opportunity for hunters and fishermen for outdoor activists to go out there and utilize the great outdoors this country has to offer. montana and throughout this country. we're losing habitat every day. we have lost access to habitat for hunting and fishing and hiking. this bill will fix that. and i will go back to the point that senator sessions made. when i go back home, folks are talking to me about the debt. they're talking to me about the deficit. they're asking what we can do to fix it. and, quite frankly, this is one of the those things we can do to fix it. by increasing opportunities for our outdoorsmen and women in this country, we have the opportunity to increase our economy in a very, very positive way. like i say, we can talk about the duck stamps. those dollars go in to be used for promoting opportunities in duck hunting. those moneys will not be going into funding the war in afghanistan. they're going to be money in basically goes out for a specific p
this is about growing our economy. how? by allowing to have opportunity for hunters and fishermen for outdoor activists to go out there and utilize the great outdoors this country has to offer. montana and throughout this country. we're losing habitat every day. we have lost access to habitat for hunting and fishing and hiking. this bill will fix that. and i will go back to the point that senator sessions made. when i go back home, folks are talking to me about the debt. they're talking to me...
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Nov 28, 2012
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i think it's a disaster for our economy. i think it's a disaster for our demonstration of our ability to govern, and i think it's a disaster for our standing in the world. we need to show that we can govern ourselves and we can put ourselves on a sound fiscal path with the right combination of growth, frugality and ensuring a safety net to the most vulnerable of our citizens. so i am here to say to my colleagues from both sides of the aisle, both sides of the dome and even the white house, let's get the job done. mr. president, i propose let's really conscientiously work hard to make sure that we have a framework that we could vote on, mr. president, by the weekend of december 16. why do i want december 16 as a deadline? it's saturday. you yourself have tweeted about oh, let's have saturday as small business week. we have had cyber mondays. let's have a strong economy closing of the week before christmas. i can tell you, mr. president -- mr. president, i'm find it -- i really can't -- the presiding officer: the senator will
i think it's a disaster for our economy. i think it's a disaster for our demonstration of our ability to govern, and i think it's a disaster for our standing in the world. we need to show that we can govern ourselves and we can put ourselves on a sound fiscal path with the right combination of growth, frugality and ensuring a safety net to the most vulnerable of our citizens. so i am here to say to my colleagues from both sides of the aisle, both sides of the dome and even the white house,...
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Nov 29, 2012
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that's not the american dream and that's not the way you make an economy work. they're way and you have whack. >> you raised the issue of germany. many point to it's robust economy and manufacturing sector who would resist here worker representationen oh the board of directors. how has the actual representation impacted labor strife over in europe, for example? >> you know, there is some strife, but i think there is also more of a sense that we're all in this together. as you point out i mentioned germany, but it's, you know, france all the way through the nordic countries. the other thing that's key is in a newly emerging democracy like brazil the workers through collective bargaining is four to five times the level of the united states. you have rising wages millions of brazilian workers coming into middle income status, able to buy the things they produce and a growing economy in brazil. here, the micro system of each employer trying to maximize profits at the expense of employees is leading us to a sled ride to the bottom. that's a large reason our economy i
that's not the american dream and that's not the way you make an economy work. they're way and you have whack. >> you raised the issue of germany. many point to it's robust economy and manufacturing sector who would resist here worker representationen oh the board of directors. how has the actual representation impacted labor strife over in europe, for example? >> you know, there is some strife, but i think there is also more of a sense that we're all in this together. as you point...
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Nov 28, 2012
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i'm not certain the economy is much better right now. i think from a republican point of view, the way out of the problem is that which has been articulated for years. jack kemp used to say it. growth. that's what i think republicans will focus on. >> eliot: jack, growth is everybody's favorite elixir. it makes life easy. when you have growth rates at 1% to 2% of gdp an ruly and you have fundamentally altered the tax code so you're bringing in only 15% of gdp here is where arithmetic comes into play. it simply doesn't add up. you get a structural deficit approaching a trillion dollars a year which is why i think even john boehner when he sits down, smart guy says i acknowledge we've got to do something on the revenue side. that's where i think grover norquist, not to make him the lightning rod is in a tight bientd because the numbers don't add up. that's where your argue really falls apart. >> i guess what i'm presenting more is the political picture that it's going to be -- not withstanding the assertion that it is 15% of gdp. where it
i'm not certain the economy is much better right now. i think from a republican point of view, the way out of the problem is that which has been articulated for years. jack kemp used to say it. growth. that's what i think republicans will focus on. >> eliot: jack, growth is everybody's favorite elixir. it makes life easy. when you have growth rates at 1% to 2% of gdp an ruly and you have fundamentally altered the tax code so you're bringing in only 15% of gdp here is where arithmetic...
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Nov 29, 2012
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the economy will sink. and it will be so bad and the public outrage will be so intense that republicans will have to come to their senses on this. i hope we don't have tho get there because if we do, a lot of people will be hurt. we already went through that in the fall of 2008. we let the republicans kick us over the cliff then. i don't want to see it happen again. when we examine back, we're going to be joined by steven sloan who is a senior tax reporter for politico with a lot more insights into what all of these different tax rates mean for middle class. and for the wealthiest of americans. >> announcer: this is the "bill press show." that this guy, to the best of his ability, is trying to look out for us. >> wow! i've never seen anything like this. >> when disaster strikes sometimes the only way out is to look within. current tv digs deep into the extraordinary tales of heroism determination and escape. "trapped" experience the drama. back to back to back. >> hold on mates! >> catch the "trapped" premi
the economy will sink. and it will be so bad and the public outrage will be so intense that republicans will have to come to their senses on this. i hope we don't have tho get there because if we do, a lot of people will be hurt. we already went through that in the fall of 2008. we let the republicans kick us over the cliff then. i don't want to see it happen again. when we examine back, we're going to be joined by steven sloan who is a senior tax reporter for politico with a lot more insights...
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Nov 28, 2012
11/12
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CURRENT
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but right now if you look at the world economy we're doing okay. we're not doing great. but i think there might be domino effects if we go over the slope, cliff whatever you want to call it and then the world market starts reacting. we could see unemployment go back up. all of this -- the stock market will go down. i think there are more repercussions for going off the cliff than people realize when they say we should go off and start from scratch. now that said if we do go off the cliff, people need to be very clear about whose fault that is. it is the house republicans. they can right now, pass the tax cuts for the middle class. get that out of the way. we can figure out what to do for the top 2% of earners. a lot of republicans are giving good lip service saying we do want to pass the tax cuts. then do it. dick durbin was at the center for american progress today talking about this. okay if that's what you want to do, do it. a bill has passed the senate. pass the tax cuts for the middle class we say we agree on. we can figure out the other. >> bill: tom cole, one of t
but right now if you look at the world economy we're doing okay. we're not doing great. but i think there might be domino effects if we go over the slope, cliff whatever you want to call it and then the world market starts reacting. we could see unemployment go back up. all of this -- the stock market will go down. i think there are more repercussions for going off the cliff than people realize when they say we should go off and start from scratch. now that said if we do go off the cliff,...
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Nov 21, 2012
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doesn't make our economy vulnerable to the gambles of people in our society. finding a way to address the fundamental debt crisis that will burden our children and our children's children and our children's children's children. if you don't fundamentally change the way these elections are financed, you're going to keep getting candidates who are in favor of their funders. of course! >> cenk: there was just a poll done where 67% of americans said politicians need to do something about climate change. they need to take legislative action. only 25% said no. don't do anything. 67% to 25%. if we had a functioning democracy, there would be immediate action on that. but in reality there is not a peep. so i've been covering politics for about 17 years now. the reason that i'm passionate about campaign finance reform is it is the rosetta stone of politics. if you want to know who's going to win on any given issue it always comes back to the same thing. follow the money. >> we're back of course with professor tricia rose and general michael hastings. you know, cenk has
doesn't make our economy vulnerable to the gambles of people in our society. finding a way to address the fundamental debt crisis that will burden our children and our children's children and our children's children's children. if you don't fundamentally change the way these elections are financed, you're going to keep getting candidates who are in favor of their funders. of course! >> cenk: there was just a poll done where 67% of americans said politicians need to do something about...
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Nov 26, 2012
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. >> on the other hand, there is a big boost to the economy because of black friday. >> there you go. >> except for the stuff that was -- >> stephanie: although the black president will get no credit. [ ♪ circus ♪ ] >> see what you did there. >> stephanie: you know how one holiday is over and the next one -- julie in seattle reminds us, war on christmas season is officially open. it is fox news warren christmas season. >> they're losing their [ bleep ] the whole benghazi thing isn't working out for them. >> the susan rice thing is petering out. >> stephanie: yes. oh dear. steph, deck the halls with simmering resentment and bitterness over the imaginary days gone by when everyone was white christian and happy happy, happy until the christmas lights came down. friday morning, fox on on some idiot story about the nativity scene. we have a guest to quote. [ ♪ "jeopardy" theme ♪ ] who said it is christmas all over again. the grinch is trying to steal our holiday. it has been so beautiful the nation comes together. we sing christmas carols. we have lighted trees. it is a beautiful t
. >> on the other hand, there is a big boost to the economy because of black friday. >> there you go. >> except for the stuff that was -- >> stephanie: although the black president will get no credit. [ ♪ circus ♪ ] >> see what you did there. >> stephanie: you know how one holiday is over and the next one -- julie in seattle reminds us, war on christmas season is officially open. it is fox news warren christmas season. >> they're losing their [...
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Nov 27, 2012
11/12
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we believe in stimulating the economy by leaving more money in the economy, more money in the states, more money in the private sector, and that is our philosophy. >>neil: you do not by a poll that says the majority of americans are for sticking it to the rip. >>guest: if you talk to people and you say, do you understand that your boss employs you, and your boss could be richer than you but if you tax your boss more it could be less jobs, that may not be your job but the person trying to get a job whose business does not expand because the taxes increase. people do get that. the president did run on a class warfare, class envy type of argument but he only got 40 percent of the vote in my state so my state rejected the message. >> the way it stands no with the proposals i have heard and senator john mccain could be right there could be a deal in the final hour, a way to avoid this mess, but most of the stuff i see are concessions on the part of republicans on revenue and not just avoiding a rate hike but they could feed on limiting deductions that could cost the rich more? >>guest: i a
we believe in stimulating the economy by leaving more money in the economy, more money in the states, more money in the private sector, and that is our philosophy. >>neil: you do not by a poll that says the majority of americans are for sticking it to the rip. >>guest: if you talk to people and you say, do you understand that your boss employs you, and your boss could be richer than you but if you tax your boss more it could be less jobs, that may not be your job but the person...
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Nov 28, 2012
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but your number-1 priority is jobs and the economy you don't grow the economy to create jobs by raising taxes on small businesses, the people who create the jobs. >> white house press secretary today, jay carney said when he was asked when the next meeting would be, the answer was, it would come, quote at the appropriate time. >> well, nobody know what is that means -- >> no! that's my point. is that -- is that, you know -- look, all of have you had a vacation, i refer, to while you are campaigning the last 3 months. have you known about this fiscal cliff for a year and-a-half. now the president's going out, friday, to do, as you say, campaigning. the press secretary says there will be a meeting between the leaders at the appropriate time. that seems like it's right now. >> it does. to me, what you are seeing with the president and the democrats, is sort of an attempt to run out the clock. i think they think they gain leverage if the pressure builds. you are hearing a lot of prominent democrats saying, we should go over the fiscal cliff and let the taxes go up, which would be a huge mis
but your number-1 priority is jobs and the economy you don't grow the economy to create jobs by raising taxes on small businesses, the people who create the jobs. >> white house press secretary today, jay carney said when he was asked when the next meeting would be, the answer was, it would come, quote at the appropriate time. >> well, nobody know what is that means -- >> no! that's my point. is that -- is that, you know -- look, all of have you had a vacation, i refer, to...
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Nov 28, 2012
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but if your number one priority is jobs and the economy, you don't grow the economy and create jobs by raising taxes on small businesses, the very people who create those jobs. >> greta: white house press secretary today jay carney when asked when the next meeting with congressional members would be, the answer was, quote, it would come at the appropriate time. >> nobody knows what that means. >> greta: that's my point. look, all of you have had a vacation, campaigning, doing that for the last three months. you've been about this fiscal cliff for a year and a half. now the president is going out to do, as you say, campaigning. the press secretary says there will be a meeting between leaders at the appropriate time. the appropriate time seems like pretty much right now. >> well, it is. what you're seeing by the president and democrats is an attempt to run out the clock. i think they think they gain leverage if the pressure builds toward the end of the year. frankly you're hearing a lot of prominent democrats saying we should go over the fiscal cliff and let taxes go up, which would be a
but if your number one priority is jobs and the economy, you don't grow the economy and create jobs by raising taxes on small businesses, the very people who create those jobs. >> greta: white house press secretary today jay carney when asked when the next meeting with congressional members would be, the answer was, quote, it would come at the appropriate time. >> nobody knows what that means. >> greta: that's my point. look, all of you have had a vacation, campaigning, doing...
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Nov 26, 2012
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we're trying to help the economy. unless i'm convinced raising tax rates will be beneficial, obviously i think there's reason and grounds for my position. i also believe that we can and must get an agreement, otherwise i think first of all the markets are going to start reacting. >> chris: we'll talk about that in the next segment. finally the g.o.p. republicans had a rough night on election night. let's look at the breakdown of the numbers. you lost unmarried women by 36 points. hispanics by 44 points. young people by 23 points. does your party need to change, especially in its outreach to those groups on social issues like same-sex marriage and immigration reform? >> we have to have a bigger tent. no doubt about it. obviously we have to do immigration reform. there's no doubt whatsoever that the demographics are not on our side and we have to give a much more positive agenda. it can't be just being against the democrats and against harry reid and against obama. you have to be for things. we have to give them the con
we're trying to help the economy. unless i'm convinced raising tax rates will be beneficial, obviously i think there's reason and grounds for my position. i also believe that we can and must get an agreement, otherwise i think first of all the markets are going to start reacting. >> chris: we'll talk about that in the next segment. finally the g.o.p. republicans had a rough night on election night. let's look at the breakdown of the numbers. you lost unmarried women by 36 points....
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Nov 23, 2012
11/12
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it could be good for the economy, margery how so? it's regressive tax, hits those without money. >> and how do we pay for necessary things, and not create are more deficit. and what this tax would do, we already have a 18 cents tax and most states have a gas tax in california 64.8 cents per gallon and you don't see the economy suffering, and the consumers and seen 1.50 jump in gas prices. what this would probably do, we don't have it on paper is pay for things like road repairs and necessary things like that. why is it good? it encourages innovation, car pooling, people to kind of watch, and conserve frankly we have to think about the national security issues and conservation. >> nan: kevin, i know you don't agree with this one. >> no, i can't believe that a gas tax could be the answer to the fiscal cliff or anything else, more taxes not the answer here, and the stronger economy, but this is really a tax on the middle class, and people who drive our trucks and our car and deliver our food and everything else, this is going to tax the
it could be good for the economy, margery how so? it's regressive tax, hits those without money. >> and how do we pay for necessary things, and not create are more deficit. and what this tax would do, we already have a 18 cents tax and most states have a gas tax in california 64.8 cents per gallon and you don't see the economy suffering, and the consumers and seen 1.50 jump in gas prices. what this would probably do, we don't have it on paper is pay for things like road repairs and...
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Nov 29, 2012
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well, the economy is worse now than it was then. frankly, if you look at the dynamic shift in demographics our entitlements are growing at a time when our working population is decreasing. the only answer to all these problems is sustained economic growth. it's the economy, stupid. megyn: what if the republicans say we agree, raise the taxes on the rich. and then what would happen? then what they would be debating about when that most likely didn't fix the problem, quick last word. >> it's a terrible position for the republicans to be in. their only negotiating coin right now. and to give in without doing something to figure out these entitlement program would be a disaster for the republican party. megyn: michael, thanks. coming up, a provocative column in the "wall street journal" on race in america. megyn: the teacher's union in buffalo, new york attracted national attention when we learned their contract benefits include coverage for taxpayer turned plastic surgeries. the issue came up again and trace gallagher picks up our stor
well, the economy is worse now than it was then. frankly, if you look at the dynamic shift in demographics our entitlements are growing at a time when our working population is decreasing. the only answer to all these problems is sustained economic growth. it's the economy, stupid. megyn: what if the republicans say we agree, raise the taxes on the rich. and then what would happen? then what they would be debating about when that most likely didn't fix the problem, quick last word. >>...
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Nov 29, 2012
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about the economy. martha: it will be interesting to see what timothy geithner brings to these discussions today. we'll be reporting on it and you will be there on the hill. thank you very much. >> we'll look forward to it. thanks, martha. martha: all right. bill: there is a controversial vote set to take place today at the united nations and the u.s. is expected to vote against it. eric shawn's live at the u.n. eric, good morning to you, what is the vote about first of all and what's expected to happen? >> reporter: good morning, bill. the vote on the palestinians, a nonmember observer state. we expect to hear from palestinian authority president mahmoud abbas within the next hour. that vote coming after he turned president obama down flat. the u.s. does not want this vote. the palestinians made a move for it last year in the security council where we have a veto. there is no u.s. veto in the 193-member general assembly where it is expected to pass overwhelmingly later this afternoon. last year the pal
about the economy. martha: it will be interesting to see what timothy geithner brings to these discussions today. we'll be reporting on it and you will be there on the hill. thank you very much. >> we'll look forward to it. thanks, martha. martha: all right. bill: there is a controversial vote set to take place today at the united nations and the u.s. is expected to vote against it. eric shawn's live at the u.n. eric, good morning to you, what is the vote about first of all and what's...
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Nov 29, 2012
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jenna: now to the economy. investors are reacting to some new data we got today. the dow is slightly higher the commerce department is reporting that our economy grew at a pace of 2.7% in the july through september period. that is better than the initial estimate. we have numb another reading after this. this is not the final number. economists are seeing signs the meager growth we experienced last quarter may not be necessarily sustainable jon. jon: weekly jobless numbers are in and they are down. the labor department reporting number of americans trying to get unemployment benefits fell 23,000 to 393,000 last week, the second straight drop after superstorm sandy had driven applications much higher earlier in the month. the labor department is saying the storm had little impact on these numbers. jenna: still too high for many investors. even in this tough economy entrepreneurs are carving out a niche, if you will, some sort of innovation. in our spotlight on small business today we are checking out a business that makes granny pods. that is what they're calling t
jenna: now to the economy. investors are reacting to some new data we got today. the dow is slightly higher the commerce department is reporting that our economy grew at a pace of 2.7% in the july through september period. that is better than the initial estimate. we have numb another reading after this. this is not the final number. economists are seeing signs the meager growth we experienced last quarter may not be necessarily sustainable jon. jon: weekly jobless numbers are in and they are...
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Nov 28, 2012
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we should be thinking more of the american economy rather than the budget. we are so fixated on a budget that we are never going to help this economy. you know what, simpson-bowles warned us about this. if we have draconian cuts as the other side has recommended, what we're going to have is a worse situation and a renewed recession and i don't think you want that, and i don't want that, am i correct. bill: a lot of folks would say 16 trillion in debt is something that is unacceptable. >> it is unacceptable. bill: this is the editorial from the "washington post" now okay. at some point president obama has to prepare the american people and his own supporters, most of all, for the hard decisions required to put the country on a sound financial footing. only one person is in a position to make it happen. i'll give you the last word. when will it happen? >> the yes is there's going to be a review, and it has been going on since the healthcare act of what hedda car medicare does and what it does not do. that does not mean have you to reduce the benefits of those
we should be thinking more of the american economy rather than the budget. we are so fixated on a budget that we are never going to help this economy. you know what, simpson-bowles warned us about this. if we have draconian cuts as the other side has recommended, what we're going to have is a worse situation and a renewed recession and i don't think you want that, and i don't want that, am i correct. bill: a lot of folks would say 16 trillion in debt is something that is unacceptable. >>...
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Nov 29, 2012
11/12
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with the olympics, restoring the olympics, you know, his skillset lends to ideas that could get the economy growing going. but his spokesman said he does not have a specific assignment for his arrival but it was going to be a useful discussion. >> love to hear that. good luck. >>> the lunch comes early in the holiday season in at the white house. decorations include 54 live christmas trees. unveiled yesterday by first lady, michelle obama. thought i was looking in your living room, now, rob. >> does that look like a plastic tree? the centerpiece of the decorations is outsized 300-pound gingerbread model of the white house that sits in the state dining room. after the big unveiling, mrs. obama helped the children of military families make holiday decorations and bo, the for the portuguese water dog got in on the act wearing a special jingle bell collar. >>> and they threw the switch last night here in new york, lighting the big old christmas tree in rockefeller center. the 84-foot norway spruce is decked out in more than 30,000 beautiful lights. >> after it was found, workers, braced the tre
with the olympics, restoring the olympics, you know, his skillset lends to ideas that could get the economy growing going. but his spokesman said he does not have a specific assignment for his arrival but it was going to be a useful discussion. >> love to hear that. good luck. >>> the lunch comes early in the holiday season in at the white house. decorations include 54 live christmas trees. unveiled yesterday by first lady, michelle obama. thought i was looking in your living...
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Nov 29, 2012
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. >> the goal is to grow the economy and cut spending. you won't grow the economy if you put tax rates on the top two rates. >> there was no serious discussion by the white house on entitlements on medicare and medicaid. this has to be a part of this agreement. >> reporter: the white house is going all out on this campaign tactical front, even deploying twitter, using the hash tag, to learn how they would save. >>> and chuck todd on the white house lawn, starting us off. a big aspect of this again is medicare, 50 million americans get their health insurance through medicare. that number is growing quickly as the baby boom number gets older. polls show americans don't want big change to it, but big change could come. nbc's tom costello has more on what it may look like. >> reporter: it is one of the most popular government programs, but medicare now accounts for more than 13% of federal spending, and expected to grow at what many analysts call an unsustainable rate. so among the many options congress could consider to cut costs, slowly rai
. >> the goal is to grow the economy and cut spending. you won't grow the economy if you put tax rates on the top two rates. >> there was no serious discussion by the white house on entitlements on medicare and medicaid. this has to be a part of this agreement. >> reporter: the white house is going all out on this campaign tactical front, even deploying twitter, using the hash tag, to learn how they would save. >>> and chuck todd on the white house lawn, starting us...
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Nov 26, 2012
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we are trying to help the economy. and, so, unless i can be convinced that raising tax rates will be beneficial, then obviously i think there's reason and ground for my position. but, i also believe that we can and must get an agreement, otherwise i think first of all, the markets are going to start reacting. >> chris: we'll talk about that in the next segment, and i think it is a real issue. finally, let's talk about the g.o.p. republicans, i don't have to tell you, had a really rough night on election night. and let's look at the break down of some of the numbers. you lost unmarried women by 36 points, hispanics, by 44 points. young people, by 23 points. does your party need to change, especially, with those groups, on social issues like same sex marriage and immigration reform? >> i think we have to have a bigger tent. no doubt about it. and, obviously we have to do immigration reform. there is no doubt whatsoever that the demographics are not on our side. and, we are going to have to give a much more positive agend
we are trying to help the economy. and, so, unless i can be convinced that raising tax rates will be beneficial, then obviously i think there's reason and ground for my position. but, i also believe that we can and must get an agreement, otherwise i think first of all, the markets are going to start reacting. >> chris: we'll talk about that in the next segment, and i think it is a real issue. finally, let's talk about the g.o.p. republicans, i don't have to tell you, had a really rough...
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Nov 28, 2012
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i will tank this nation's economy. thus wiping away tens of billions of dollars of american wealth by my own decision unless you give me what i want. because i'm the the most reasonable man in washington. we can have disagreements on matters of policy. we can disagree on the tales we tell each other about how to get to the best outcomes for the country. we can even disagree about basic values about what kind of country we ought to be. but the thing you can generally assume about everybody who is in public service is that they are public servants. they want the country to be better off. no matter how you want to get there. whether or not some people think you're wrong or some people think you're dumb or misinformed, there's a general assumption that if you're involved in politics that means that what you want is a good future for america. you're out to help america, not hurt america. hurting the country on purpose when you know that's what you're doing violates the most basic thing that we think we can assume about why
i will tank this nation's economy. thus wiping away tens of billions of dollars of american wealth by my own decision unless you give me what i want. because i'm the the most reasonable man in washington. we can have disagreements on matters of policy. we can disagree on the tales we tell each other about how to get to the best outcomes for the country. we can even disagree about basic values about what kind of country we ought to be. but the thing you can generally assume about everybody who...
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Nov 28, 2012
11/12
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i will tank this nation's economy. thus wiping away tens of billions of dollars of american wealth by my own decision unless you give me what i want. because i'm the most reasonable man in washington. we can have disagreements on matters of policy. we can disagree on the tales we tell each other about how to get to the best outcomes for the country. we can even disagree about basic values about what kind of country we ought to be. but the thing you can generally assume about everybody who is in public service is that they are public servants. they want the country to be better off. no matter how you want to get there. whether or not some people think you're wrong or some people think you're dumb or misinformed, there's a general assumption that if you're involved in politics that means that what you want is a good future for america. you're out to help america, not hurt america. hurting the country on purpose when you know that's what you're doing violates the most basic thing that we think we can assume about why peop
i will tank this nation's economy. thus wiping away tens of billions of dollars of american wealth by my own decision unless you give me what i want. because i'm the most reasonable man in washington. we can have disagreements on matters of policy. we can disagree on the tales we tell each other about how to get to the best outcomes for the country. we can even disagree about basic values about what kind of country we ought to be. but the thing you can generally assume about everybody who is in...
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Nov 22, 2012
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. >> we also have a terrible economy. a weak economy is the only reason they're in the game. i'm going to end this conversation because i don't think it's been resolved, erin, and i -- erin, you made a good case for younger people. that's the future of every party. go younger. the problem is they have to decide ideologically can they compete for seats in pennsylvania, maybe not massachusetts, but new jersey, connecticut, new england? are they going to give you up a portion of the country and say, we're going to make our votes in the south? that's a problem they have right there. they've given up both coasts, by the way. that's my argument, not yours. robert, thank you for coming in tonight. happy thanksgiving. you should be in cars heading home. erin, you've been doing great this year. great coverage. >>> coming up, republicans aren't the only ones fighting among themselves. some progressives are warning president obama, they don't like this debt reduction deal, they'll let people hear. the big question is, so what? we're not having any more campaigns. anyway, also the republ
. >> we also have a terrible economy. a weak economy is the only reason they're in the game. i'm going to end this conversation because i don't think it's been resolved, erin, and i -- erin, you made a good case for younger people. that's the future of every party. go younger. the problem is they have to decide ideologically can they compete for seats in pennsylvania, maybe not massachusetts, but new jersey, connecticut, new england? are they going to give you up a portion of the country...